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block. >> reporter: if you work at the pentagon, you could get one day off a week unpaid. leon panetta has warned congress, they're looking at these furloughs. if you don't work at the pentagon there are a number of other areas where you could be affected as well. take a look. the cbo said that we're looking at 750,000 job losses. small business loans down $902 million. the fbi could lose 1,000 federal agents. nutrition aid for women and children, over 500,000 could lose that. not to mention other programs that could go away like meals on wheels. >>> so, how will this midwest storm impact all of us? nbc meteorologist bill karins is here with the details. >> yeah, not many people will want to be traveling in the central plains today. jay gray in kansas city, two hours, it's going to be snowing incredibly hard in kansas city. now, as far as the radar goes, the blue is the intense snow. the pic shows you ice. the green is just plain old rain there from oklahoma city southward. if you're in the wichita, kansas, area, go outside, you may see some flashes in the snow, you have thundersnow at
the plants and production facilities across the country. >> reporter: the pentagon says military readiness and civilian employees will suffer and many republicans agree that the cuts will hurt. others say the president's insistence on new tax hikes ignores other reductions that could replace the sequester cuts. >> in you were to pay federal employees about the same level you pay private employees that saves about $32 billion a year. other places to cut. you could cut foreign aid in half and save $20 billion. so we have a list of savings we could send to the president if he's interested and we could do this without laying anybody off. >> reporter: now, there is a campaign element to all this. the president has been crisscrossing the country, trying to drum up public support and put more pressure on congress to get a deal done. next week he will head to newport to talk specifically about the cuts to the pentagon. back to you. >> sherri ly, thank you very much. >>> in other news, d.c. council members are holding a special meeting next week to discuss taking possible action against ward one co
is making the issue complicated. >> they are talking about a way to save money in the pentagon and they will furlough the civilian workers one day. also the president put together a way to delay the whole thing for a couple of months but that doesn't make sense. and so far boehner has been effective in saying mr. president you came up with the idea, you solve the problem. and yesterday instead of the president picking up the phone and working with local leaders, he called local stations and did local interviews. if you get the sense we are moving from one crisis to another, you are not crazy, you are right. it's just hard to make sense of how many different things could kill us. here's rush limbaugh yesterday. >> have you of if you listen to obama and his minions in the news media, they are all running neck and neck. maybe ought to explore some sort of sequester control because it's out of control. he wanted the spending cuts a year ago, now he doesn't want to go anywhere near the spending cuts but it's his plan. sequester was his idea. now he's complaining that these cuts will
be affected. that means 700,000 of the 800,000 who work for the pentagon. >> on our civilians it will be catastrophic. >> reporter: civilians like sue ann falkenburg a single mom 3,000 miles away in california. i would have to get a part-time job to support my family. >> reporter: falkenburg is worried about the pay cut or furlough. >> i can't exactly call my landlord and say, hey, i got a 20% cut in my salary can you reduce the rent for 20%? >> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster that's what one walmart executive reportedly wrote about a plunge in sales. its it's announcing its report this morning. rebecca jarvis is here this
jennifer griffin live from the pentagon with more on that. >> reporter: today the deputy defense secretary, jon, warned by the end of the year two-thirds of all army units will not be ready to fight other wars, and there won't be enough money to put out to sea a third of the navy ships. the warning comes one day after the pentagon told congress it is going to have to furlough half of its 800,000-civilian workers. the hardest-hit states, california and virginia. our team went to hampton roads, virginia, yesterday. tom taylor owns a ship repair business there. >> it's not like turning on a spigot. you don't turn it on, turn it off, you know? if it's canceled, these things are months or years in the planning stage, so if they are canceled, you know, they don't come right back, you know? so that's pretty alarming. >> i want to know when am i looking -- am i getting laid off in march or april? you're one of those people who are living paycheck to paycheck, then you're, you have no secondary plan, and that's going to be horrible, it's going to cause a lot of stress. >> i'm very concerned about t
say that means as many as 700,000 of the 800,000 civilians who work for the pentagon. >> this is not a beltway phenomenon. on our civilians it will be catastrophic. >> reporter: civilians like sue ann fallenberg a single mom and administrative assistant at a naval school 3,000 miles away from washington in monterey california. >> i would have to get a part-time job to support my family. >> reporter: she is worryied about the 20% pay cut if she's furloughed or put on involuntary pay one day a week. >> can you reduce the rent for 20%? i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today.
military community where he plans to highlight painful cuts they say for the pentagon and the u.s. navy. but republican leaders calling on the president to quote, stop campaigning and help them solve the problem. but at the moment, there are no meetings planned between any of these sides, the house, the senate, the white house and they're taking friday off as of now. martha: all right. well the looming budget cuts were high on the agenda when the president sat down with the national governors association yesterday. arizona governor jan brewer went "on the record" with greta van susteren to get her impressions exactly what happened at that meeting. here's that. >> you know, he definitely says he wants to work together but obviously he doesn't want to compromise one little bit. bottom line he wants to raise taxes. and he doesn't want to cut. i think the american people believed, that the time now is to start cutting the budget. martha: so when it came to compromising governor brewer went on to say that the president said that the elections were basically behind him and that he was going t
: march 1st, more than $85 billion in cuts kick in. the pentagon will take a $46 billion hit. but the cuts will also be felt outside washington. if the agriculture department furloughs workers, expect fewer food safety inspections and higher food prices. if the homeland security department tells screeners to stay home, airport security lines are expected to grow. national parks would have to cut more than $100 million t. could impact everything, from operation hours to grass cutting. from the grand canyon to hear at -- here at the national mall. >> reporter: tom kiernan, from the national parks conversation association says it will have a ripple effect. >> the local communities will get hammered. i think it's devastating. it's embarrassing as a country. >> reporter: former congressman jim nussle, who helped pass four balanced budgets, said washington is doing this to itself. >> all of this is kind of compounding. about every month, there's another crisis that is manufactured by the president and the office. and that's no way to run thin
need a department of labor. even the pentagon, by the way, i'm for a strong military, no doubt about it, there are million americans who don't wear uniform or civilians work for the pentagon. the pentagon is a big bureaucracy. the point i would make, martha. private businesses did this during the recession. they sucked in their stomach, they tightened their belt. they got rid of waste in their budget and why can't government do that? martha: you've been saying it. rick perry tried to do the list you did. things didn't work out very well for him. you did it masterfully. you're not seeing that list from republicans, are you? >> well, i know, --. martha: elected republicans in washington? >> you know what, martha? paul ryan has a budget that passed congress the last two years and that has some pretty specific cuts. you and i might not agree with everything on the list --. martha: but i'm saying average person on the street what would they cut, they would not be able to do that. we have to go. >> everybody loves santa claus. that is why we have a problem and the debt, right? martha: thank y
number, that is a pentagon number. [talking over each other] david: it is a complex subject. i think you deserve, you owe it to the viewers to give a more complete analysis when you talk about the polar bears. all of the numbers are not in. >> the numbers that are not in our where the ice is going in the future. david: and talking about the polar bears. the numbers are not in there. some people see the polar bear population growing. bob, always a pleasure to see you. appreciate you coming in. we have news developing on apple. david einhorn urging apple to do more with its billions of dollars of cash on hand. the last i thought they had about $150 billion of cash. a lot about his overseas. people want to put that to work. we were expecting a big jump in apple. nicole: it traded as high as 463 and change. here it is at 458.70. still posting a gain. when david einhorn speaks, everybody begins to listen. he certainly has a lot to say for these companies and apple, obviously, is moving that went to the upside. the dow is now down about 57-point and the nasdaq is down as well. thank you, nicol
to severe cuts to the pentagon. you see just four states there including georgia and virginia which could lose more than 100,000 jobs each over the next ten years. cuts in grants to the states could lead to big reductions in food aid to the poor, low income energy assistance, child care and development and other social services as well. and really this is only the start. again, ten days left at this point. >>> now, we want to bring you some of the hottest stories of the day in a flash. we're keeping an eye on the jodi areas trial. she admits to the gruesome killing of travis alexander. late this morning her attorney began to lead arias through the weeks before the brutal killing. arias read an angry text from travis about a drawing that he had done which she left behind. >> imagine if i did that to you with something you gave me. give me a pardon from any madness. i don't need it. it's wearing me out and if it continues, just like i have to give you motivation to tell me the truth, i'll give you motivation to quit screwing with me. >> arias has given multiple versions of the killings. she
the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers campaign events to common sense, bipartisan action." and joining us now for more on this from washington, the former chief economist of the international monetary fund and bloomberg view columnist, simon johnson. he's the co-author of "white house burning: our national debt and why it matters to you," now out in paperback. simon, good to see you this morning. >> nice to be with you. >> simon, if you could help us through this over the next week or so, it doesn't look like there's a path to avoiding the sequestration if you listen to the two sides. so how damaging would this be? because we've heard a couple different versions of it that would have immediate impacts, more than 75
those automatic spending cuts. >>> today chuck hagel is taking over at the pentagon after the senate voted 58-41 tuesday to confirm him as defense secretary. he was sworn in this morning. among his big challenges, those looming defense department budget cuts and troop levels in afghanistan. >>> last night in south africa, a private memorial service for model reeva steenkamp. the service planned by olympic runner oscar pistorius who says he shot her by accident on valentine's day. pistorius is charged with premeditated murder. >>> a new honor today for the late civil rights pioneer rosa parks. the unveiling of a statue of her on capitol hill with president obama and congressional leaders taking part. known as the mother of the civil rights movement, rosa parks refused to give up her seat to a white man on a montgomery, alabama, city bus back in 1955. this month marks what would have been her 100th birthday. >>> and nicolas cage was the big winner on a recent high school game show in boston when the host chatted with contestants about movies they like. one team was four for four for ni
Search Results 0 to 19 of about 20 (some duplicates have been removed)